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The only air carrier in the Russian Republic of Dagestan, operating domestic and international schedules as well as charters, primarily with a fleet of Tupolev Tu-154Ms, had its AOC suspended by Rosaviatsia on 15 December 2011. The carrier had also been operating under a second brand, South East Airlines...
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Rosaviatsiya, the Russian civil aviation authority revoked the operating license of Kavminvodyavia, better known as KMV, on 1 October 2011, citing the airline's failure to address concerns raised in August 2011 around the carrier's financial and economic status. KMV was the largest airline in...
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Russia's Federal Agency for Air Transportation (Rosaviatsia) revoked the license of Moscow Vnukovo based Air Company Continent on 29 July 2011. Rosaviatsia acted after the carrier found itself on the brink of bankruptcy, apparently due to a multi-million-rouble debt, created when its Director-General...